Hudson Technologies, Inc. (NASDAQ:HDSN – Get Free Report) major shareholder Hartree Partners, Lp acquired 9,446 shares of Hudson Technologies stock in a transaction that occurred on Monday, August 24th. The shares were purchased at an average price of $5.50 per share, for a total transaction of $51,953.00. Following the transaction, the insider directly owned 5,108,834 shares in the company, valued at $28,098,587. The trade was a 0.19% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Hartree Partners, Lp also recently made the following trade(s):
- On Tuesday, August 25th, Hartree Partners, Lp purchased 91,166 shares of Hudson Technologies stock. The shares were purchased at an average cost of $5.50 per share, for a total transaction of $501,413.00.
- On Wednesday, August 12th, Hartree Partners, Lp purchased 5,198 shares of Hudson Technologies stock. The shares were purchased at an average price of $5.50 per share, for a total transaction of $28,589.00.
- On Wednesday, July 29th, Hartree Partners, Lp acquired 52,104 shares of Hudson Technologies stock. The stock was purchased at an average cost of $5.99 per share, with a total value of $312,102.96.
- On Tuesday, July 21st, Hartree Partners, Lp acquired 47,708 shares of Hudson Technologies stock. The stock was acquired at an average price of $5.99 per share, with a total value of $285,770.92.
- On Monday, July 20th, Hartree Partners, Lp bought 17,842 shares of Hudson Technologies stock. The shares were acquired at an average cost of $5.99 per share, for a total transaction of $106,873.58.
- On Tuesday, July 7th, Hartree Partners, Lp purchased 600 shares of Hudson Technologies stock. The stock was acquired at an average price of $5.99 per share, with a total value of $3,594.00.
- On Monday, July 6th, Hartree Partners, Lp purchased 4,634 shares of Hudson Technologies stock. The shares were acquired at an average price of $5.99 per share, for a total transaction of $27,757.66.
- On Thursday, July 2nd, Hartree Partners, Lp acquired 271,302 shares of Hudson Technologies stock. The stock was acquired at an average cost of $5.97 per share, for a total transaction of $1,619,672.94.
- On Wednesday, July 1st, Hartree Partners, Lp acquired 288,111 shares of Hudson Technologies stock. The stock was bought at an average price of $5.88 per share, with a total value of $1,694,092.68.
- On Tuesday, June 30th, Hartree Partners, Lp bought 204,789 shares of Hudson Technologies stock. The shares were bought at an average cost of $5.68 per share, with a total value of $1,163,201.52.
Hudson Technologies Trading Down 3.3%
NASDAQ HDSN opened at $5.29 on Thursday. The business’s 50-day moving average price is $5.92 and its two-hundred day moving average price is $6.01. Hudson Technologies, Inc. has a 12 month low of $4.64 and a 12 month high of $10.52. The firm has a market capitalization of $222.66 million, a PE ratio of 26.45 and a beta of 0.78.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the stock. Weiss Ratings downgraded shares of Hudson Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Canaccord Genuity Group decreased their price target on Hudson Technologies from $9.00 to $8.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Finally, Wall Street Zen downgraded Hudson Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $8.62.
Get Our Latest Stock Report on Hudson Technologies
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Hudson Technologies during the second quarter worth approximately $16,303,000. Westerly Capital Management LLC lifted its position in Hudson Technologies by 34.9% in the 4th quarter. Westerly Capital Management LLC now owns 2,550,000 shares of the industrial products company’s stock valued at $17,468,000 after acquiring an additional 660,000 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Hudson Technologies by 5.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,148,311 shares of the industrial products company’s stock valued at $12,631,000 after purchasing an additional 105,160 shares during the last quarter. Segall Bryant & Hamill LLC increased its holdings in Hudson Technologies by 248.4% during the 1st quarter. Segall Bryant & Hamill LLC now owns 628,341 shares of the industrial products company’s stock worth $3,695,000 after purchasing an additional 447,987 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Hudson Technologies by 7.2% during the first quarter. AQR Capital Management LLC now owns 591,645 shares of the industrial products company’s stock valued at $3,650,000 after buying an additional 39,654 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.
Hudson Technologies Company Profile
Hudson Technologies, Inc is a U.S.-based provider of refrigerant management and sustainability solutions, specializing in the recovery, reclamation and recycling of refrigerant gases. The company’s core business centers on collecting used refrigerants—such as CFCs, HCFCs and HFCs—from industrial, commercial and institutional customers, processing them in certified reclamation facilities and returning material that meets industry purity standards.
Headquartered in Purchase, New York, Hudson Technologies operates a network of reclamation centers across the continental United States.
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